2933 S Griffin LnForneyTX75126
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Forney at 2933 S Griffin Ln, Forney, TX, 75126 offers a 9.49% rental yield on a $369,700 purchase with $2,924/mo rent. Total monthly income registers $2,924/mo, and a $1,810/mo payment leaves $258/mo available for distribution. Annual cash flow reaches $3,090/yr on $122,556 to close, and return on cash invested stands at 22.43% in year one. Equity gained on principal adds $2,386/yr while 5% annual appreciation supports $102,141 over five years. Portfolio math shows five-year ROI at 117.71% and total cumulative return in cash at $144,259. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,924/mo property income against a $1,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
4,443 sqft lot
$N/A/sqft
$38 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75126, Forney, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 34,284 (100%) |
| Owner Occupied HU | 27,587 (80.5%) |
| Renter Occupied HU | 4,836 (14.1%) |
| Vacant Housing Units | 1,861 ( 5.4%) |
| Median Home Value | $367,112 |
| Average Home Value | $402,384 |
Housing Distribution
Address Breakdown
Residential
32,261
Single Family
30,389
Multi-Family
1,872
Businesses
1,196
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Listed by: Jennifer Lozano • Only 1 Realty Group Dallas
Mls Name: NTREIS
Mls ID: #20768211
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.